Economic impact of 31% Litecoin difficulty adjustment on mining

In about 19 hours (20/21 April), the Litecoin network difficulty will adjust by approximately 31%. In economic terms, that means that miners will earn roughly 31% less - just what sort of impact will this have on a bigger scale?

Current difficulty

Since the battle around SegWit has heated up, numerous new miners have joined the network, thus prompting it to adjust the difficulty to compensate for the added hash rate. As of today, we’re at 102,267 with an estimated, future difficulty of 135,302.